Winning Tax Solutions

  According to the reports, “During Fiscal Year (FY) 2022, the IRS collected more than $4.7 trillion   in gross taxes, processed more than 271.5 million tax returns and other forms, and issued more than $659.1 billion in tax refunds.” Are you struggling with overwhelming tax debt in Orange County? If so, an IRS tax offer in compromise could provide relief. This program allows taxpayers to settle their debt for less than the total amount owed. However, it's crucial to understand when this option is appropriate.  The IRS evaluates your ability to pay based on your income, expenses, and asset equity. If you meet the criteria, an offer in compromise can be a lifesaver, allowing you to pay a reduced amount and move forward. In this blog, we will discuss the IRS tax offer in the compromise program and other tax solutions for individuals and businesses in Orange County. Understanding the Process of an IRS Tax Offer The process of applying for an IRS tax offer in compromise in Orange Coun